Making SEZs work in Zimbabwe
Levious Chiukira Zimbabwe adopted the Zimbabwe Investment Development Agency (ZIDA), which amalgamated the SEZ Act, Zimbabwe Investment Authority (ZIA) and joint venture Act. ZIDA Act provides a One Stop Investment Services Centre for the promotion, entry, protection and facilitation of investment. ZIDA comes against the background of complains in processing of licenses and approval of investments especially by foreigners. The act will see key institutions being brought under one roof which include ZIMRA, Immigration and other Government departments providing essential services in the promotion and facilitation of trade and investments Zimbabwe has in the past promoted trade and investments through the establishment of Export Processing Zones and the recently dissolved Zimbabwe Special Economic Zones Authority (ZIMSEZA), with ZIA playing a key role in processing of investments licenses under both regimes. With the current adopted policy, ZIDA will ov...